Dec 6, 2012 6:00pm PST
does he have to do now? he can't face another election. what do you want him to do to show fulfillment of that promise? >> i think what i want him to do and what i think needs to be done are to some degree separate things but i do know that we have had a lot of programs, government-funded program that is represent both sides of the aisle. both sides want everything they want and found a way with this congress over the last several years to get much of what they want and we bought it on credit. and the time has come, because we have enormous debt and raise taxes and pay the bill. >> my gut feeling is, i think the argument of the moment, see the republicans pushed in to this impossible situation for them to win where two thirds of americans in the polls are quite happy for the rich 2% to be taxed more and the republicans boxed themselves in to a position come january 1st they might be allowing all the middle class taxable to try to save the skins of americans. that won't wash with the public, is it? >> i don't think it's washing with the public. i think we need a more realistic definitio
Dec 7, 2012 9:00am EST
, people were saying you got to incorporate poll workers for the election. you had holiday hiring. you had sandy. i mean, it may be -- the journal argued it's the least important jobs number in five years. >> i saw that. i do think one thing we can certainly say given that china seems to be stabilizing a bit, we can all discuss europe. greek situation. maybe it's off the front pages for a while. and so if we assume that the jobs picture in the u.s. is not bad, let's assume not bad, it puts even more of a focus on the fiscal cliff negotiations because it becomes even more binding one would assume in terms of good or bad for the market, for the economy. >> kernen had a good point. does strength mean the economy could handle a cliff or is it so good you wouldn't want to tamper -- >> if i wanted to create a recession, what would i do? i would raise everybody's rates. i would cut the unemployment benefit. just trying to think of a theory of how i could cause a recession. i would cut back government spending quickly. >> i would raise interest rates to 20%. >> bernanke ought to join the -- look,
Dec 6, 2012 1:00pm PST
? he was just re-elected. why couldn't he put together a package, a deal to avoid this disaster? >> i think this is a question of political leadership. and as that poll showed, there's no doubt that the president has the political advantage going into this. but at some point, and i think we're kind of getting close to it, the president has to be able to pivot and to say how do i turn this political advantage into a real policy accomplishment? and, wolf, i don't think you're going to do that with continued campaign style events like we just saw meeting with middle class families. okay. we get that. that occurred during the campaign. the white house has clearly gotten its message out. i think now there has to be a next step. you know, timing is everything in politics. and this is absolutely no different. what i'm getting from talking to some democrats on the hill is i think there's actually a lot of pent up anger and frustration among democrats how they feel republicans were obstructionist for the last four years. there's a little bit of payback going on here. they've got the advantage.
Dec 4, 2012 11:00am PST
will get us jobs. >> your fellow georgian and your fellow republican saxby champ business who is up for re-election, he has committed himself to working with the democrats, to try to resolve some of the critical tax and spending issues. do you think he's played a constructive role here? >> well, what i do know is that what the voters on november 6th said is that we don't want ruling by one party. we want divided government. what they said is go back to washington and get to work. provide appropriate leadership and solve these challenges. so whether it is what is happening over in the senate or in the white house right now, i don't see the kind of leadership coming out of -- >> so back to saxby chambliss, sir, i'm not hearing praise. am i to read between the lines in what you're not saying is what you're saying? >> no, look, this takes two to tango. and we don't have the other side tangoing. you can't dance by yourself. when you do, it doesn't work. doesn't look very pretty. we need the administration to engage in a positive way, not a negative the way they are now. >> will you mount a primary chall